Big Oil given stark warning as peak crude and a major supply surplus expected by 2030

The IEA on Wednesday said a U.S.-led surge in global oil production is expected to outstrip demand growth between now and the end of the decade.

Jun 12, 2024 - 21:00
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Big Oil given stark warning as peak crude and a major supply surplus expected by 2030
The IEA on Wednesday said a U.S.-led surge in global oil production is expected to outstrip demand growth between now and the end of the decade.